2023 MYR to BMD Historical Review

YEARLY HIGH

0.2356 BMD

YEARLY LOW

0.2088 BMD

YEARLY AVERAGE

0.2195 BMD

2023 MYR to BMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MYR to BMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.2356. Conversely, the yearly low was recorded on October 24, dropping to 0.2088.

This high-to-low spread represents a total annual volatility of 0.0269 BMD. From a start-to-finish perspective, comparing the January average rate of 0.2311 to the December average rate of 0.2147, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2356 was down 1.68% compared to the 2022 peak of 0.2397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 4,713 BMD

2022 Average 4,552 BMD

Yearly Trough Low 4,175 BMD

Transaction Impact: A difference of 537.17 BMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2331

0.2087

JanuMarcMayJulySeptNove

MYR to BMD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2246, compared to 0.2145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.2246

H2 Avg (Jul–Dec) 0.2145

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0127 BMD (High: 0.2355 / Low: 0.2228). On the other end, September was the most stable month, with a tight range of 0.0028 BMD (High: 0.2152 / Low: 0.2124).

February Spread (Volatile) ±0.0127

September Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2311) against the same month in 2022 (average: 0.2387), the exchange rate shifted by -0.0077 (-3.20%).

2023 Avg (January) 0.2311

2022 Avg (January) 0.2387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2356	0.2270	0.2311
February	0.2355	0.2228	0.2291
March	0.2268	0.2210	0.2237
April	0.2274	0.2241	0.2260
May	0.2254	0.2162	0.2214
June	0.2185	0.2138	0.2160
July	0.2211	0.2141	0.2178
August	0.2211	0.2148	0.2169
September	0.2152	0.2124	0.2136
October	0.2130	0.2088	0.2107
November	0.2157	0.2096	0.2132
December	0.2176	0.2128	0.2147